qw25041985 wrote:Rest in peace ni wewe .....it just a matter of plain reasoning that this right issue was NOT oversubscribed to the full extent of the word and thus left allot of questions as to what investors felt about this rights issue.For an oversubscription to trully reflect investor sentiment it must be above atleast 50%.
Surely what does a 3% oversubscription mean.i'd rather they say that it was 99% subscribed.
Here its a case of the glass is half full verses the glass is half empty....
So let me get this straight according to you 103% oversubscription=99% subscription... KPLC planned to raise 9.5billion and they received 9.8billion and are refunding the 300 million...
If that is not an oversubscription in the
"true sense of the word" then i dont know what is...
@QW please grow up so I can know you're at least a little mature mentally and physically
Mark 12:29
Deuteronomy 4:16